RAND Europe evaluated the National Institute for Health Research Leadership Programme to help the English Department of Health consider the extent to which the programme has helped to foster wider research aims and extract lessons for the future.
RAND Europe has evaluated the world's first Social Impact Bond (SIB), an innovative payment-by-results mechanism to fund public services which aims to reduce reoffending by prisoners. This report presents the initial findings of the evaluation.
Published in: Outcomes Measurement in the Human Services, 2nd Edition: Cross-Cutting Issues and Methods in the Era of Health Reform / Magnabosco, Jennifer L. and Manderscheid, Ronald W., Eds. (Washington, DC : NASW Press, Dec. 2011), Chapter 6, p. 73-88
Publicly funded R&D investment is a coherent policy to support long term economic growth. Our only note of caution is about how far and how fast that growth can be delivered because the evidence we have is out of date and skewed towards the experience of just one country, write Jonathan Grant and Jon Sussex.
At a time when government finances are stretched there is growing interest in finding new ways to fund public services. In 2010 the first ever Social Impact Bond was launched in the UK to provide investors who had funded government interventions for imprisoned offenders with a portion of the resultant savings.
Project Retrosight analysed 29 case studies of cardiovascular and stroke research in Australia, Canada, and the UK, and found that clinical research has greater societal impact over a 15-20 year timescale, while basic research has greater academic impact.